More than one-third of Slovaks lived in overcrowded households in 2017, according to Eurostat statistics data.
This means, for example, that parents sleep in one room with their child or that people who are not related share a room in a rented flat.
However, the situation is improving, the Hospodárske Noviny daily reported. While in 2011, 39.5 percent of Slovaks lived in overcrowded households, in 2017, figure dropped by over 3 percetange points.
“The drop has resulted from the number of loans,” Maroš Ovčarik, analyst with Partners Investments, told Hospodárske Noviny. “People have relatively easy access to money and mortgages, which helps them get new housing, particularly in the case of the young.”
Slovaks take more home loans mostly due to the fact that they are cheaper. In September, the average interest rate on mortgages amounted to 1.22 percent.
Rent and small-sized flats
The situation is worse in Slovakia than in most EU countries, however. The only countries with a higher share of overcrowded countries in 2017 were Bulgaria (41.9 percent), Hungary (40.5 percent), Poland (40.5 percent), and Romania (47 percent).
“Since there is a lack of flats and their prices are high, many people are paying a lot in rent,” said Michal Krížik from RE/MAX real estate company, as quoted by Hospodárske Noviny.
However, many Slovaks prefer small-sized flats.
“Young couples often opt for one-room flats and families with children for three-room flats,” Jana Glasová, analyst with Poštová Banka, told Hospodárske Noviny. “This means that more siblings usually share one bedroom.”
Moreover, a three-room flat is considered a standard for families with children in Slovakia, she added.
The number of overcrowded households is also affected by the fact that young people leave their parents later, often only after they reach 30 years of age, Hospodárske Noviny wrote.
What is an overcrowded household?
A person is considered as living in an overcrowded household if the household does not have at its disposal a minimum of rooms equal to:
- one common room for the household;
- one room per couple in the household;
- one room for each single person aged 18 and more;
- one room per pair of single people of the same sex between 12 and 17 years of age;
- one room for each single person between 12 and 17 years of age and not included in the previous category;
- one room per pair of children under 12 years of age.
11. Nov 2019 at 13:49 | Compiled by Spectator staff